What if I told you that the Oculus Rift wasn't the only major competitor in gaming VR? Last night, during Sony's GDC panel, Sony formally announced that they were interested in developing Virtual Reality technology to complement the PS4's pure gaming attitude. Entitled "Project Morpheus", the current prototype has a low persistence 1080p display panel with 1000hz motion and full 360 degree rotational and positional tracking. Much of the presentation was spent explaining how technology had to be pioneered for presence, a new buzzword in the business, and further details including price and availability were not given. What was said, however, was that the device would be compatible with the Playstation camera and Playstation Move.

Shortly afterward, not to be outdone, Oculus VR announced a new Developers Kit, creatively entitled DK2, with vastly improved specifications over the original. In the new kit (stop me if this sounds familiar), the display panel has been upgraded to a low persistence 1080p OLED screen with 1000hz motion and positional tracking. Fortunately, there will be no giant blue glowsticks attached to the Oculus device as OculusVR has opted for infrared tracking. The new kit is available for preorder at $350 with first batch units estimated to ship in late July.